Values have been changing and have risen £471 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,707 in last 6 months, £14,550 in last 1 year, £27,592 in last 2 years, £24,046 in last 3 years, £19,189 in last 4 years and £20,934 in last 5 years.
Currently average asking price of a property in Warstone Parade East, Hockley, Birmingham, B18 is around £163,188 based on approximately 2 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £784 per month.
Estimated property value in Warstone Parade East, Hockley, Birmingham, B18 is £248,451. Average asking price is £163,188 while average price paid is £219,750 which is up by £14,550 and Avg. asking rent £784.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Warstone Parade East, Hockley, Birmingham, B18 area. In last 1 year alone average price buyer paid is around £219,750 based on approximately 2 sales in Warstone Parade East, Hockley, Birmingham, B18 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £260,125. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £294,800 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £266,491 per sale.